VENKYS (I) LIMITED Announces Quarterly Results (3QFY19); Net Profit Down 2.5%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

VENKYS (I) LIMITED Announces Quarterly Results (3QFY19); Net Profit Down 2.5%
Wed, 13 Feb

VENKYS (I) LIMITED has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

VENKYS (I) LIMITED Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m6,9596,4628,12025.7%16.7%
Other incomeRs m63488374.6%32.1%
TurnoverRs m7,0216,5108,20326.0%16.8%
ExpensesRs m5,7266,2637,00511.9%22.3%
Gross profitRs m1,2331991,115460.2%-9.6%
DepreciationRs m7173730.6%3.5%
InterestRs m1328659-31.3%-55.7%
Profit before taxRs m1,093881,0661106.0%-2.4%
TaxRs m398343891058.9%-2.3%
Profit after taxRs m694556771134.9%-2.5%
Gross profit margin%17.73.113.7
Effective tax rate%36.538.036.5
Net profit margin%9.90.88.2
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 16.7% on a year-on-year (YoY) basis. The expenses were up by 22.3% YoY during the same period.
  • The company's operating profit declined by 9.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 13.7% in 3QFY19 as against 17.7% in 3QFY18.
  • Depreciation charges increased by 3.5% and finance costs declined by 55.7% YoY, respectively.
  • Other income increased by 32.1% YoY during the quarter.
  • Net profit for the quarter declined by 2.5% YoY. Net profit margins during the quarter declined from 9.9% in 3QFY18 to 8.2% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 25.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 11.9% QoQ during the same period.
  • The company's operating profit increased by 460.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 13.7% in 3QFY19 as against 3.1% in 2QFY18.
  • Net profit for the quarter increased by 1134.9% QoQ, while net profit margins increased from 0.8% in 2QFY18 to 8.2% in 3QFY19.

To see how VENKYS (I) LIMITED has performed over the last eight quarters, please visit here.

VENKYS (I) LIMITED Share Price Performance

Over the last one year, VENKYS (I) LIMITED share price has moved up from Rs 2,848.1 to Rs 2,126.2, registering a Loss of Rs 721.9 or around 25.3%.

Overall, the S&P BSE SENSEX is up 5.7% over the year.

Current Valuations

At the current price of Rs 2,126.2, the price to earnings (P/E) ratio of VENKYS (I) LIMITED stands at 15.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.2 times.

Equitymaster requests your view! Post a comment on "VENKYS (I) LIMITED Announces Quarterly Results (3QFY19); Net Profit Down 2.5%". Click here!

  

Related Views on News

VENKYS (I) LIMITED 2018-19 Annual Report Analysis (Annual Result Update)

Sep 16, 2019 | Updated on Sep 16, 2019

Here's an analysis of the annual report of VENKYS (I) LIMITED for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of VENKYS (I) LIMITED. Also includes updates on the valuation of VENKYS (I) LIMITED.

VENKYS (I) LIMITED Announces Quarterly Results (1QFY20); Net Profit Down 13.0% (Quarterly Result Update)

Aug 7, 2019 | Updated on Aug 7, 2019

For the quarter ended June 2019, VENKYS (I) LIMITED has posted a net profit of Rs 618 m (down 13.0% YoY). Sales on the other hand came in at Rs 9 bn (up 19.7% YoY). Read on for a complete analysis of VENKYS (I) LIMITED's quarterly results.

VENKYS (I) LIMITED Announces Quarterly Results (4QFY19); Net Profit Down 41.5% (Quarterly Result Update)

May 13, 2019 | Updated on May 13, 2019

For the quarter ended March 2019, VENKYS (I) LIMITED has posted a net profit of Rs 299 m (down 41.5% YoY). Sales on the other hand came in at Rs 8 bn (up 11.8% YoY). Read on for a complete analysis of VENKYS (I) LIMITED's quarterly results.

VENKYS (I) LIMITED 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

Here's an analysis of the annual report of VENKYS (I) LIMITED for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of VENKYS (I) LIMITED. Also includes updates on the valuation of VENKYS (I) LIMITED.

More Views on News

Most Popular

Is Hawkins Set to Become Our Next Superhero Stock?(The 5 Minute Wrapup)

Nov 1, 2019

After PI Industries, Hawkins has put up a stellar show so far.

Ditch the Risky Fixed Deposits for Safer 'Bluechip Deposits'(Profit Hunter)

Oct 30, 2019

Most people think stocks are riskier than fixed deposits and bonds. The last quarter century proves otherwise.

Crash Alert! Is There a Big Bubble in Nestle, HUL and Asian Paints?(Profit Hunter)

Nov 7, 2019

Is this the beginning of the end of multibagger gains in quality stocks like Nestle, HUL, and Asian Paints?

What to Buy at Sensex 40,000(The 5 Minute Wrapup)

Nov 4, 2019

Should you invest in high-quality, safe stocks or make some contrarian bets in the smallcap space?

The Top Stocks for 2020 Pass This Most Critical Metric(The 5 Minute Wrapup)

Nov 5, 2019

Charlie Munger's favorite fictional character, Mr Glotz, picks stocks using this metric.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

VENKYS (I) LIMITED SHARE PRICE


Nov 11, 2019 (Close)

TRACK VENKYS (I) LIMITED

  • Track your investment in VENKYS (I) LIMITED with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON VENKYS (I) LIMITED

VENKYS (I) LIMITED - NESTLE COMPARISON

COMPARE VENKYS (I) LIMITED WITH

MARKET STATS